The European Commission has explained why its members felt that EU merger regulations forced the body to block the proposed acquisition of TNT Express by UPS.
Results published by the Canadian General Freight Index (CGFI) indicate that the total cost of ground transportation for Canadian shippers declined by 0.86 percent in November when compared with October results.
The freighter division of Emirates boosts its total cargo capacity and dedicated freighter network with the addition of three new Boeing 777F aircraft. The additions take SkyCargo's freighter fleet to 10 aircraft and its dedicated freighter network to 12 destinations. A fourth Boeing 777F freighter will join the fleet in March.
CaroTrans International, a global non-vessel operating common carrier and ocean freight consolidator, has added a direct, weekly less-than-containerload (LCL) export service from San Francisco to Japan.
The wholesale used market was the only segment to grow from 2011 to 2012, up 3 percent. The auction and retail markets both fell 11 percent. The update on the used market was reported in the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT Research.
The Forum for Private Business, a British small business lobbying group, recently sought to publicly shame GlaxoSmithKline (GSK) after the drugmaker told suppliers it would pay invoices only once a month, rather than on a rolling basis as they come due.